NO FREE MONEY.
LOANS TO PERSONS IN EARTHQUAKE (PRESS ASSOCIATION TELEGEAM.) NAPIER, August 15. Decisions reached regarding applications for. financial assistance in the earthquake area have been communicated to over twenty claimants. It appears that no grants of free money will be paid by the Rehabilitation Board; but applicants have been granted loans candying interest at per cent., repayment to be spread over periods ringing between twenty and thirty years, according.to. the state of the applicant's affairs. 'ln every case, there is a period of from, threes to five years, immediately after the granting of assistance, during which no interest will be charged. The offers have created a most favourable impression in Napier.
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Bibliographic details
Press, Volume LXVII, Issue 20317, 17 August 1931, Page 13
Word Count
113NO FREE MONEY. Press, Volume LXVII, Issue 20317, 17 August 1931, Page 13
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